A Look Ahead: Visteon's Earnings Forecast

Visteon (NASDAQ:VC) is set to give its latest quarterly earnings report on Thursday, 2024-10-24. Here's what investors need to know before the announcement.

Analysts estimate that Visteon will report an earnings per share (EPS) of $1.89.

Visteon bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

During the last quarter, the company reported an EPS beat by $0.57, leading to a 1.4% drop in the share price on the subsequent day.

Here's a look at Visteon's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

1.97

1.68

2.09

1.98

EPS Actual

2.54

1.61

1.91

2.35

Price Change %

-1.0%

2.0%

-1.0%

-7.000000000000001%

Visteon Share Price Analysis

Shares of Visteon were trading at $88.26 as of October 22. Over the last 52-week period, shares are down 30.96%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

Analyst Views on Visteon

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Visteon.

The consensus rating for Visteon is ...